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Coinbase Executive: At Least 94% of YZY Tokens Held by Insiders

Summary: According to reports, Coinbase executive Conor Grogan stated on social media that he estimates at least 94% of YZY tokens are held by insiders; 87% of the tokens are held by a single multi-signature wallet (now dispersed to multiple wallets); over 3% of the tokens were purchased by multiple (pre-prepared) wallets through a single large ...

According to reports, Coinbase executive Conor Grogan stated on social media that he estimates at least 94% of YZY tokens are held by insiders; 87% of the tokens are held by a single multi-signature wallet (now dispersed to multiple wallets); over 3% of the tokens were purchased by multiple (pre-prepared) wallets through a single large transaction at market opening; over 7% of the tokens are in a liquidity pool.

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